In your list below I see no call for improving the lives of the host communities. The only thing here is tribalism and hate. You are not different from them

Untainted007:
1. Will it reduce the pump price of petroleum products?
2. Will it stop the northerners from being the major owners of oil wells in Nigeria?
3. Will it equate the ratio of other tribes in key positions in the industry?
4. Will it put a halt to bribes and illegality in the industry?
If these can not me answered or met by the bill, I see no sense in it cos our senate make laws that are only favourable to themselves.

Untainted007:
1. Will it reduce the pump price of petroleum products?
2. Will it stop the northerners from being the major owners of oil wells in Nigeria?
3. Will it equate the ratio of other tribes in key positions in the industry?
4. Will it put a halt to bribes and illegality in the industry?
If these can not go me answered or met by the bill, I see no sense in it cos our senate make laws that are only favourable to themselves.

Read!

OmoManU:
...

So whose fault that the Nigerians that are employed to guard the borders allows seamless move in and out of the border sabotaging the country's economy

I really don't think that whose fault question should be directed to me.

I have just given you some insight that you might have never came across before...

So direct that question to someone else

Did it address the issue of all the juicy positions in the NNPC going to northerners without a drop of oil in their region?

Revere27:
All in the name to Glorify Buhari
PIB ko.. PMB ni

It is another Commission to be established for corruption and embezzlement of Public funds like the NCC you mentioned up there.

I understand that you, like me, is a victim of the decades of corruption in this country. But, I can assure you that with this bill, Nigeria will never remain the same positively.

Aonkuuse:
See mumu,who reintroduce the bill for consideration last September??

you insulted me because of my opinion? Peace will always elude you. Your joy will always to fight people. Remain in your joy in fighting people.

Monogamy:


Bro, the reality is 40% of the oil the FG are paying subsidy for are sold outside the country.. Do you have an idea how many million of litres government is paying imaginary money for..

Let FG first look into that

The problem is not subsidy, you don't punish the people for the few corrupt. They should put up their thinking cap and block corrupt elements.

May the bill be fruitful

Monogamy:
In M.I, they are still paying for subsidy even though they campaigned against it before they get power

......

Is it true the host community's shares was slashed in the new bill?.


Cc newfolm4

No matter how good intention is, the character of occupant nos seat will determine the success of any law in Nigeria

Examples. Those who drafted federal character understand Nigeria peculiarity on tribalism, hence they did it to bring oneness in Nigeria state, but buhari as president now, dnt he destabilise it?

What about inec and neutrality of commissioner ?

Monogamy:


I really don't think that whose fault question should be directed to me.

I have just given you some insight that you might have never came across before...

So direct that question to someone else

Bro there's nothing new in the insight, it's a public knowledge already
We're talking basically the same thing, so don't see it as an attack

I searched a few pages of NASS but didn't see any scheduled readings.

https://www.nass.gov.ng/documents/bills

We in d south south and host community are nt happy wit 3% for host community instead of 10% as proposed by d initiators of bill. Even as d south south reps insist on 5%,bt due to number difference and northern cabal destory our interest

Revere27:
All in the name to Glorify Buhari
PIB ko.. PMB ni

It is another Commission to be established for corruption and embezzlement of Public funds like the NCC you mentioned up there.

I swear with my life, you don't know what PIB is.

OmoManU:

Do you want them to sell fuel at 260-300 and people call for their head again, subsidy can not be removed if the refineries are not working

Refineries working doesn't guarantee that petrol will be cheaper than those prices! Subsidy is a conscious economic decision and has little to do with where the refinery is located. If crude oil is $70, it is worth $70 everywhere ,including Nigeria.

Are you sure Nigeria s Minister of Petroleum understand this legislation

All I see is Dangote at work

COMPAQ:


Refineries working doesn't guarantee that petrol will be cheaper than those prices! Subsidy is a conscious economic decision and has little to do with where the refinery is located. If crude oil is $70, it is worth $70 everywhere ,including Nigeria.

But definitely the cost and logistics of taking it abroad to refine and bringing it back to the country for final consumption would have been eliminated thereby reducing lots of added costs that made it expensive in the first place, also....If crude is being sold at $70, there are still over 20 other products that are being generated from crude not only petrol, so all that properly factored in will def not make the product too expensive

AfonjaConehead:
The pib gives additional 10% revenue to the Niger Delta...that's the sole reason the majority members of the NASS,the ever parasitic north,refused to pass the bill

The Niger Deltans,what are they using it for?

nairavsdollars:
Are you sure Nigeria's Minister of Petroleum understand this bill

Ment

nairavsdollars:
Are you sure Nigeria's Minister of Petroleum understand this bill

are u sure you understand the bill ?

7. Why did previous administrations fail to pass the PIB into law?

The previous administrations failed to pass it into law because of many factors, especially politics, sectional interests, and lack of political will.

AfonjaConehead:
The pib gives additional 10% revenue to the Niger Delta...that's the sole reason the majority members of the NASS,the ever parasitic north,refused to pass the bill

. AND NOT FOR "LACK OF POLITICAL WILL"❗

AVENGERS SNEEZED AND PIB PASSED.

uniqueboi1:
Majority of the people that sat to deliberate on the bill do not understand shishi from it. Especially the abokis..

You think so. That's how we under rate everything about North and they teach the other parts hard lessons

Finally, this Bill has been passed after so many years. . . .

This topic will make front page again in 2030.. if there's still nairaland

Nigeria is a joke.

objobj:



You think so. That's how we under rate everything about North and they teach the other parts hard lessons

I know so, 2023 no far bros and they will be dismantled institutionally also. Except buhari will be president for ever.

Point 6. Lincencees are expected to pay rehabilitation funds for whatever activity may be undertaken resulting in risk & hazards on the environs. Politicians currently licking their lips & rubbing their hands on this one.